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Loretta Mester, President & CEO, Federal Reserve Bank of Cleveland

NASDAQ: Fed's Mester says central bank has yet to make a dent in inflation
“Unacceptably high and persistent inflation remains the key challenge facing the U.S. economy,” Mester said in a speech given before a gathering held by the Economic Club of New York. “Despite some moderation on the demand side of the economy and nascent signs of improvement in supply-side conditions, there has been no progress on inflation,” Mester said.

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